Peter Cardillo on Us Market’s Inflation Number; Wall Street Opens in the Green

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Peter Cardillo on Us Market’s Inflation Number; Wall Street Opens in the Green

On ET Now we have Peter Cardillo, Chief Market Economist, Spartans Capital to discuss the markets, the global markets, and Us inflation. The US inflation number is coming at a 39 year high at 6.8% year on year and 0.8% month on month. The Wall Streets opened in green when experts expected the worst. These numbers are in-line with the expectation. On the other hand, Dalal Street had a very tricky week. The Nifty, however, managed to the clock-in game for a second week. The bank Nifty also recovered this after underperforming for almost after 6 weeks. Watch the entire video to know more.